Please see an update below regarding the financial affairs of the Component.
Banking and Investments
Desjardins Credit Union :
- $3,300,000 @ 4.10% Maturing on August 24, 2025
- $1,100,000 @ 5.75% Maturing on September 19, 2025
- $1,400,000 @ 4.80% Maturing on February 26, 2026
We currently maintain a balance exceeding $2.5 million in our day-to-day bank account, which earns an interest rate of 4.50%.
Statement of Operation
2023-2024 Year end (Q4)
Please see below the Unaudited Statement of 2023-2024 fiscal year, covering the period between July 1, 2023 to June 30, 2024.
English:
French:
Highest Earner report Q4:
Apr. 2024 – $10,452.67
May 2024 – $12,767.67
Jun. 2024 – $12,012.67
Audits
Our fiscal year has ended on June 30, 2024. We are currently sending our books to our external auditing firm for a full audit. We are up to date for our external audits.
The 2017-2018 trustee audit was completed last June.
Safe flying,
Guillaume Leduc
Secretary-Treasurer, Air Canada Component of CUPE